Is Yarmouth Port, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Yarmouth Port is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Yarmouth Port has remained a Seller's Market.

Key Takeaway

Yarmouth Port is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Yarmouth Port, MA

How much do homes in Yarmouth Port, MA cost?

Median Sold Price

$680,000

$434/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$78,250(+13.0%)

Key Takeaway

Homes in Yarmouth Port have sold for 13% more than they did a year ago.

Summary: The median home sold price in Yarmouth Port was $680,000 in October 2024, up 13% from last year, and the median price per square foot was $434.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $180K$176K
-2.2%
2 $489.5K$587.5K
+20.0%
3 $642.9K$750K
+16.6%
4 $795K$964.8K
+21.4%
5+ $1.3M$1.3M
-1.6%

Summary: Yarmouth Port housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.2%, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 16.6%, 4 bedroom homes increased by 21.4%, and 5+ bedroom homes decreased by 1.6%.

Median Sold Price Compared To Nearby Cities

Yarmouth Port
+13.0%
South Yarmouth
+9.1%
Yarmouth
+7.1%
Dennis
+3.7%
West Yarmouth
-5.1%

Housing Supply in Yarmouth Port, MA

How many homes are available in Yarmouth Port, MA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4039-2.5%

Summary: The Yarmouth Port real estate market had 39 homes for sale in October 2024, a 2.5% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 12
+100.0%
2 2019
-5.0%
3 1414
0.0%
4 43
-25.0%
5+ 11
0.0%

Summary: The Yarmouth Port housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 5%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
811+37.5%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Yarmouth Port, you may be able to get a good deal. 54.5% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in Yarmouth Port in October 2024, up by 37.5% month-over-month. Of the 11 sold homes, 55% were sold under asking, 9% were sold at asking, and 36% were sold over asking.

Days on Market for Yarmouth Port, MA

How long does it take to sell a home in Yarmouth Port, MA?

Average Sale Time

Oct 2023Oct 2024CHANGE
35 Days42 Days+21.4%

Summary: Homes in Yarmouth Port had an average of 42 days on market in Oct 2024, up by 21.4% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Yarmouth Port are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 11 homes were sold in Yarmouth Port; 55% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

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